European debt market hit by historic sell-off after rate rise bets

IMG Auteur
 
Published : September 10th, 2022
106 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

Financial Times/Nikou Asgari/8-31-2022

“The region’s market for high-grade government and corporate debt posted a fall of 5.3 percent in the month to Tuesday, the biggest drop since the Bloomberg Pan-European Aggregate Total Return index began in 1999. The decline has been broad, with UK, German and French debt all hit by heavy selling in a reversal of July’s gains.”

USAGOLD note: Rates are going higher to address inflation that seems to be only getting worse. It is no longer just Italy and Greece with debt market problems, but the more stable nation-states as well. Will Europe be forced to finance government spending with printing press money?

Read the rest of the article at USA Gold
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS